4935 Saratoga Rd, West Palm Beach
Palm Beach County Real Estate - Lake Worth
Lake Worth is in South East Florida. It's population as recorded in the 2010 Census was 34,910. Lake Worth is approximately 58 miles from Miami (population 399,457) and around 54 miles from Hialeah (population 224,669).
The median age for residents of Lake Worth is 35. Around 30.1% of Lake Worth households include school aged children and 22.1% of households include individuals aged 65 years or over. Census records indicate 60% of the Lake Worth population are White, 19.8% are Black or African American, 5.6% American Indian, .9% Asian and 4.5% are Two or more Races. Lake Worth has a significant Hispanic population. 39.6% (13,834) of Lake Worth residents are of Hispanic or Latino origin. Of these 19.98% are of Mexican origin, 10.21% Puerto Rican, 10.39% Cuban and 59.4% are of other Hispanic or Latino origin.
There are 16,473 housing units in Lake Worth. 3,515 (21.3%) of these were reported as vacant in the 2010 Census. There are 7,843 residential rental units in Lake Worth. 6,535 of them were occupied in 2010 providing a residential rental vacancy rate of 16.1%.
Lake Worth links:
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Palm Beach County
Palm Beach County is part of the southeast Florida region along with Indian River, St. Lucie, Martin, Miami-Dade, Broward, and Monroe counties. Palm Beach County has 38 cities, towns and villages in total. West Palm Beach is the county's largest city and acts as the county seat. Palm Beach has a population over 1.3 million.
Palm Beach County has many wealthy towns such as Palm Beach, Boca Raton, and Jupiter, as well as a large equestrian population making it one of Florida's wealthiest counties. As a result, real estate prices are comparatively higher in Palm Beach County than most other counties in Florida.
Palm Beach County's major private sector employers are Tenet Healthcare Corporation, Hospital Corporation of America, Florida Power & Light, The Breakers, and Office Depot. Top public sector employers are Palm Beach County School Board, Palm Beach County, Florida Atlantic University, and Boca Raton Community Hospital. Palm Beach County considers agribusiness; aviation, aerospace, and engineering; equestrian; healthcare; green energy; and corporate headquarters to be among its main industries.
Boca Raton is in southern Palm Beach County and is known as the birthplace of the IBM personal computer. It still hosts a large research park focused on technological innovation. The city hosts the headquarters for Office Depot and GEO Group. Florida Atlantic University and Lynn University are both located in Boca Raton.
Neighboring Properties
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 4941 Saratoga Rd | Single Family | 1,216 | B |
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| 4933 Saratoga Rd | Single Family | 1,216 | B |
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| 4907 Saratoga Rd | Single Family | 1,216 | B |
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| 4945 Saratoga Rd | Single Family | 1,216 | B |
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| 4903 Saratoga Rd | Single Family | 1,216 | B |
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| 4947 Saratoga Rd | Single Family | 1,216 | B |
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| 4936 Saratoga Rd | Single Family | 1,216 | B |
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| 4932 Saratoga Rd | Single Family | 1,264 | B |
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| 4940 Saratoga Rd | Single Family | 1,216 | B |
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| 4899 Saratoga Rd | Single Family | 1,216 | B |
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| 4928 Saratoga Rd | Single Family | 1,216 | B |
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| 4944 Saratoga Rd | Single Family | 1,216 | B |
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| 4949 Saratoga Rd | Single Family | 1,216 | B |
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| 4912 Saratoga Rd | Single Family | 1,216 | B |
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| 4916 Saratoga Rd | Single Family | 1,216 | B |
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| 4908 Saratoga Rd | Single Family | 1,216 | B |
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| 4924 Saratoga Rd | Single Family | 1,216 | B |
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| 4948 Saratoga Rd | Single Family | 1,002 | B |
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| 4895 Saratoga Rd | Single Family | 1,216 | B |
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| 4920 Saratoga Rd | Single Family | 1,216 | B |
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| 4951 Saratoga Rd | Single Family | 1,228 | B |
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| 4920 Pimlico Ct | Single Family | 1,122 | B |
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| 4922 Pimlico Ct | Single Family | 1,002 | B |
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| 4900 Saratoga Rd | Single Family | 1,255 | B |
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| 4952 Saratoga Rd | Single Family | 1,002 | B |
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| 4918 Pimlico Ct | Single Family | 1,105 | B |
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| 4924 Pimlico Ct | Single Family | 1,216 | B |
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| 4891 Saratoga Rd | Single Family | 1,216 | B |
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| 4916 Pimlico Ct | Single Family | 1,002 | B |
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| 4953 Saratoga Rd | Single Family | 1,216 | B |
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| 4896 Saratoga Rd | Single Family | 1,216 | B |
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| 4914 Pimlico Ct | Single Family | 1,002 | B |
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| 4954 Saratoga Rd | Single Family | 1,216 | B |
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| 4926 Pimlico Ct | Single Family | 1,312 | B |
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| 4887 Saratoga Rd | Single Family | 1,216 | B |
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| 4892 Saratoga Rd | Single Family | 1,216 | B |
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| 4912 Pimlico Ct | Single Family | 1,032 | B |
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| 4955 Saratoga Rd | Single Family | 1,216 | B |
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| 4956 Saratoga Rd | Single Family | 1,216 | B |
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| 4791 Saratoga Rd | Single Family | 1,216 | B |
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| 4910 Pimlico Ct | Single Family | 1,216 | B |
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| 4888 Saratoga Rd | Single Family | 1,477 | B |
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| 4883 Saratoga Rd | Single Family | 1,216 | B |
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| 4928 Pimlico Ct | Single Family | 1,216 | B |
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| 4795 Saratoga Rd | Single Family | 1,216 | B |
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| 4787 Saratoga Rd | Single Family | 1,216 | B |
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| 4959 Saratoga Rd | Single Family | 1,216 | B |
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| 4783 Saratoga Rd | Single Family | 1,216 | B |
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Local Household Income
The median household income in this part of Florida is $45,914. The bottom 10% of the population earn less than $15,196 per year. The top 10% earn more than $110,931 per year. The top 1% earn more than $275,274 per year. Most renters earn between $27,132 (20th percentile) and $44,184 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $91,828 and $114,785.
The tax assessed value of this property places it in percentile 24 of all properties in this area. This suggests it would appeal to someone earning around $26,259 per year who should qualify for a mortgage between $52,518 and $65,648.
Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates
Local Rents
The median monthly rent in this part of Florida is $1,048. Most renters earn between $2,261 and $3,682 per month. They typically spend 37% of their monthly income on rent. Most rents fall in the $816 (20th percentile) to $1,318 (80th percentile) range. The residential vacancy rate is 7%.
This property falls in percentile 24 of all properties in this area. This corresponds to a rent of $858 per month and a monthly household income of $2,371 ($28,452 per year)
Nearby Companies
4913 Pimlico Ct
4944 Saratoga Rd
4945 Saratoga Rd
4945 Saratoga Rd
4909 Pimlico Ct
4908 Pimlico Ct
4963 Saratoga Rd
4904 Pimlico Ct
4904 Pimlico Ct
4924 Saratoga Rd
4779 Saratoga Rd
1894 Keenland Cir
4930 Pimlico Ct
4932 Saratoga Rd
4932 Saratoga Rd
4887 Saratoga Rd
4887 Saratoga Rd
4936 Saratoga Rd